JIT is often used to force inventory back up the pipeline and therefore does not reduce inventory.
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Q2: Inventory as an asset on the balance
Q5: Purchase economies and transportation economies are not
Q7: EOQ can only be used for "push"
Q8: Ordering cost refers to the expense of
Q9: Batching economies or cycle stocks usually arise
Q10: The reorder point depends on the orders
Q13: A reason to hold inventory arises when
Q16: JIT, MRP, and MRP II all incorporate
Q18: The ABC analysis is based on Pareto's
Q19: "Batching economies" and "cycle stocks" are the
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